Bluerock Residential Growth REIT Company Profile (NYSEMKT:BRG)

About Bluerock Residential Growth REIT (NYSEMKT:BRG)

Bluerock Residential Growth REIT logoBluerock Residential Growth REIT, Inc. is a real estate investment trust. The Company is focused on acquiring a portfolio of residential real estate assets. As of December 31, 2016, the Company's portfolio consisted of interests in 31 properties (21 operating and 10 development properties). As of December 31, 2016, its properties contained an aggregate of 9,570 units, consisting of 6,972 operating units and 2,598 units under development. As of December 31, 2016, its operating properties included ARIUM at Palmer Ranch, Sarasota; ARIUM Grandewood, Orlando; ARIUM Gulfshore, Naples; ARIUM Palms, Orlando; ARIUM Pine Lakes, Port St. Lucie; ARIUM Westside, Atlanta; Ashton Reserve, Charlotte; Enders at Baldwin Park, Orlando; Fox Hill, Austin; Lansbrook Village, Palm Harbor; Legacy at Southpark, Austin; Nevadan, Atlanta; Roswell City Walk, Roswell; Sorrel, Frisco; Sovereign, Fort Worth; The Preserve at Henderson Beach, Destin; Village Green of Ann Arbor, Ann Arbor, and Whetstone, Durham.

Industry, Sector and Symbol:
  • Sector: Financials
  • Industry: Residential REITs
  • Sub-Industry: N/A
  • Symbol: NYSEMKT:BRG
  • CUSIP: N/A
  • Web: bluerockresidential.com/
Average Prices:
  • 50 Day Moving Avg: $10.64
  • 200 Day Moving Avg: $12.02
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
Dividend:
  • Annual Dividend: $1.16
  • Dividend Yield: 8.6%
Profitability:
  • Net Margins: 128.54%
  • Return on Equity: 30.92%
  • Return on Assets: 10.01%
Debt:
  • Debt-to-Equity Ratio: 2.47%
  • Current Ratio: 304.45%
  • Quick Ratio: 304.45%
Misc:
  • Beta: 0.65
 

Frequently Asked Questions for Bluerock Residential Growth REIT (NYSEMKT:BRG)

What is Bluerock Residential Growth REIT's stock symbol?

Bluerock Residential Growth REIT trades on the New York Stock Exchange (NYSE)MKT under the ticker symbol "BRG."

How often does Bluerock Residential Growth REIT pay dividends? What is the dividend yield for Bluerock Residential Growth REIT?

Bluerock Residential Growth REIT declared a monthly dividend on Tuesday, July 11th. Investors of record on Tuesday, July 25th will be paid a dividend of $0.097 per share on Friday, August 4th. This represents a $1.16 annualized dividend and a dividend yield of Infinity. The ex-dividend date is Friday, July 21st. This is an increase from Bluerock Residential Growth REIT's previous monthly dividend of $0.10. View Bluerock Residential Growth REIT's Dividend History.

How were Bluerock Residential Growth REIT's earnings last quarter?

Bluerock Residential Growth REIT Inc (NYSEMKT:BRG) announced its quarterly earnings results on Tuesday, May, 10th. The company reported $0.11 EPS for the quarter, missing the Zacks' consensus estimate of $0.12 by $0.01. The company earned $16.60 million during the quarter, compared to the consensus estimate of $15.30 million. Bluerock Residential Growth REIT had a return on equity of 30.92% and a net margin of 128.54%. View Bluerock Residential Growth REIT's Earnings History.

Where is Bluerock Residential Growth REIT's stock going? Where will Bluerock Residential Growth REIT's stock price be in 2017?

3 brokers have issued twelve-month price targets for Bluerock Residential Growth REIT's shares. Their forecasts range from $14.00 to $14.00. On average, they expect Bluerock Residential Growth REIT's stock price to reach $14.00 in the next year. View Analyst Ratings for Bluerock Residential Growth REIT.

Who are some of Bluerock Residential Growth REIT's key competitors?

Who are Bluerock Residential Growth REIT's key executives?

Bluerock Residential Growth REIT's management team includes the folowing people:

  • R. Ramin Kamfar, Chairman of the Board, President, Chief Executive Officer
  • Michael L. Konig, Chief Operating Officer, General Counsel, Secretary
  • Christopher J. Vohs, Chief Accounting Officer, Treasurer
  • Gary T. Kachadurian, Director
  • Brian D. Bailey, Independent Director
  • I. Bobby Majumder, Independent Director
  • Romano Tio, Independent Director

How do I buy Bluerock Residential Growth REIT stock?

Shares of Bluerock Residential Growth REIT can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.


MarketBeat Community Rating for Bluerock Residential Growth REIT (NYSEMKT BRG)
Community Ranking:  3.5 out of 5 (star star star half star)
Outperform Votes:  159 (Vote Outperform)
Underperform Votes:  71 (Vote Underperform)
Total Votes:  230
MarketBeat's community ratings are surveys of what our community members think about Bluerock Residential Growth REIT and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Bluerock Residential Growth REIT (NYSEMKT:BRG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $14.00
Consensus Price Target History for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Price Target History for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Analysts' Ratings History for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Show:
DateFirmActionRatingPrice TargetDetails
7/11/2017FBR & CoReiterated RatingOutperformView Rating Details
11/9/2016JMP SecuritiesReiterated RatingBuyView Rating Details
11/8/2016DA DavidsonReiterated RatingBuyView Rating Details
4/26/2016Compass PointBoost Price TargetBuy$15.00 -> $15.50View Rating Details
2/26/2016National SecuritiesReiterated RatingHold$11.50View Rating Details
(Data available from 10/17/2015 forward)

Earnings

Earnings History for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Earnings by Quarter for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Earnings History by Quarter for Bluerock Residential Growth REIT (NYSEMKT BRG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2016Q116$0.12$0.11$15.30 million$16.60 millionViewListenView Earnings Details
2/24/2016Q415$0.05$0.03$12.42 million$13.20 millionViewListenView Earnings Details
11/12/2015Q315$0.12$0.22$10.85 million$11.60 millionViewListenView Earnings Details
8/11/2015Q215$0.12$0.13$10.38 million$10.50 millionViewListenView Earnings Details
5/12/2015Q115($0.02)$0.13$9.20 million$9.00 millionViewN/AView Earnings Details
2/26/2015$0.13$0.19ViewN/AView Earnings Details
11/4/2014$0.12$0.14$9.59 million$9.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Current Year EPS Consensus Estimate: $0.82 EPS
Next Year EPS Consensus Estimate: $1.17 EPS

Dividends

Current Dividend Information for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Most Recent Dividend:8/4/2017
Annual Dividend:$1.16
Dividend Yield:Infinity
Payout Ratio:-184.13% (Trailing 12 Months of Earnings)
141.46% (Based on This Year's Estimates)
99.15% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Bluerock Residential Growth REIT (NYSEMKT:BRG)

Dividend History by Quarter for Bluerock Residential Growth REIT (NYSEMKT BRG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/11/2017Monthly$0.107/21/20177/25/20178/4/2017
1/9/2017$0.103/22/20173/24/20174/5/2017
1/9/2017$0.102/22/20172/24/20173/3/2017
1/9/2017$0.101/23/20171/25/20172/3/2017
10/6/2016$0.1012/21/201612/23/20161/5/2017
10/6/2016$0.1011/22/201611/25/201612/5/2016
10/6/2016$0.1010/21/201610/25/201611/4/2016
7/11/2016$0.109/21/20169/23/201610/5/2016
7/11/2016$0.108/23/20168/25/20169/5/2016
7/11/2016$0.107/21/20167/25/20168/5/2016
4/8/2016$0.106/22/20166/24/20167/5/2016
4/8/2016$0.104/21/20164/25/20165/5/2016
2/24/2016$0.103/22/20163/24/20164/5/2016
1/15/2016$0.102/23/20162/25/20163/5/2016
1/15/2016$0.101/21/20161/25/20162/5/2016
11/12/2015$0.1012/22/201512/25/20151/5/2016
11/12/2015$0.2911/23/201511/25/201512/5/2015
10/12/2015$0.1010/22/201510/25/201511/5/2015
7/13/2015$0.109/23/20159/25/201510/5/2015
7/13/2015$0.108/21/20158/25/20159/5/2015
4/14/2015monthly$0.108.62%6/23/20156/25/20157/5/2015
4/14/2015monthly$0.108.62%4/22/20154/25/20155/5/2015
4/14/2015monthly$0.108.62%5/20/20155/25/20156/5/2015
1/13/2015monthly$0.109.19%2/23/20152/25/20153/5/2015
1/13/2015monthly$0.109.19%1/21/20151/25/20152/5/2015
1/13/2015monthly$0.109.19%3/23/20153/25/20154/5/2015
7/17/2014monthly$0.108.94%9/23/20149/25/201410/5/2014
7/17/2014monthly$0.108.94%8/21/20148/25/20149/5/2014
7/17/2014monthly$0.108.94%7/23/20147/25/20148/5/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Insider Ownership Percentage: 4.96%
Institutional Ownership Percentage: 34.46%
Insider Trades by Quarter for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Institutional Ownership by Quarter for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Insider Trades by Quarter for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/22/2016Christopher J VohsInsiderBuy2,500$13.26$33,150.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Latest Headlines for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Source:
DateHeadline
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Announces New $150 Million Secured Credit Facility
finance.yahoo.com - October 11 at 6:14 PM
nasdaq.com logoEx-Div Reminder for Bluerock Residential Growth REIT Series D Cumulative Preferred Stock
www.nasdaq.com - September 20 at 5:32 PM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Announces Third Quarter Dividend on 8.250% Series A Cumulative Redeemable Preferred Stock, 7.625% Series C Cumulative Redeemable Preferred Stock and 7.125% Series D Cumulative Preferred Stock
finance.yahoo.com - September 8 at 5:09 PM
seekingalpha.com logoBluerock Residential Growth REIT's (BRG) CEO Ramin Kamfar on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 10 at 5:54 PM
finance.yahoo.com logoEdited Transcript of BRG earnings conference call or presentation 8-Aug-17 3:00pm GMT
finance.yahoo.com - August 10 at 5:54 PM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Announces August and September 2017 Common Stock Dividends
finance.yahoo.com - August 10 at 5:53 PM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Announces Potential Range of Anticipated Class A Common Stock Dividend for 2018
finance.yahoo.com - August 9 at 9:53 PM
finance.yahoo.com logoInvestor Network: Bluerock Residential Growth REIT, Inc. to Host Earnings Call
finance.yahoo.com - August 8 at 4:27 PM
finance.yahoo.com logoBluerock Residential Growth REIT Announces Second Quarter 2017 Results
finance.yahoo.com - August 8 at 4:27 PM
seekingalpha.com logoBluerock Internalizes Management - Is A Dividend Cut Coming?
seekingalpha.com - August 7 at 5:14 PM
streetinsider.com logoUPDATE: Compass Point Downgrades Bluerock Residential Growth REIT (BRG) to Neutral
www.streetinsider.com - August 7 at 5:14 PM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Announces Agreement to Internalize Management
finance.yahoo.com - August 4 at 5:01 PM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Second Quarter 2017 Earnings, Conference Call Set for August 8
finance.yahoo.com - July 31 at 4:46 PM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Announces Key Dates for 2017 Annual Meeting of Stockholders
finance.yahoo.com - July 25 at 4:35 PM
finance.yahoo.com logoETFs with exposure to Bluerock Residential Growth REIT, Inc. : July 24, 2017
finance.yahoo.com - July 24 at 4:06 PM
streetinsider.com logoForm 424B5 Bluerock Residential
www.streetinsider.com - July 21 at 6:19 PM
americanbankingnews.com logoFBR & Co Reiterates Outperform Rating for Bluerock Residential Growth REIT Inc (BRG)
www.americanbankingnews.com - July 16 at 7:34 PM
finance.yahoo.com logoETFs with exposure to Bluerock Residential Growth REIT, Inc. : July 14, 2017
finance.yahoo.com - July 14 at 6:40 PM
streetinsider.com logoBluerock Residential Growth REIT (BRG) Declares $0.096666 Monthly Dividend; 9.3% Yield
www.streetinsider.com - July 11 at 5:44 PM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Announces July 2017 Common Stock Dividend and Third Quarter Series B Preferred Stock Dividends
finance.yahoo.com - July 11 at 5:44 PM
finance.yahoo.com logoBluerock Residential Growth REIT, Inc. breached its 50 day moving average in a Bearish Manner : BRG-US : July 7, 2017
finance.yahoo.com - July 8 at 9:26 AM
seekingalpha.com logoBluerock Residential Growth REIT (BRG) Presents At NAREIT's REITWeek Investor Forum - Slideshow
seekingalpha.com - June 7 at 9:24 PM
reuters.com logoBRIEF-Bluerock Residential Growth REIT Q1 adjusted FFO per share $0.18
www.reuters.com - May 8 at 10:23 AM
bizjournals.com logoBluerock Residential Growth REIT Announces First Quarter 2017 Results
www.bizjournals.com - May 8 at 10:23 AM
prnewswire.com logoBluerock Residential Growth REIT (BRG) Announces Second Quarter 2017 Common Stock and Series B - PR Newswire (press release)
www.prnewswire.com - April 10 at 3:57 PM
prnewswire.com logoBluerock Residential Growth REIT Acquires Wesley Village; 301-Unit, Class-A Apartment Property in Charlotte, NC - PR Newswire (press release)
www.prnewswire.com - April 7 at 8:39 AM
biz.yahoo.com logoBLUEROCK RESIDENTIAL GROWTH REIT, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement
biz.yahoo.com - March 28 at 6:03 PM
nasdaq.com logoBluerock Residential Growth REIT, Inc. (BRG) Ex-Dividend Date Scheduled for March 22, 2017 - Nasdaq
www.nasdaq.com - March 22 at 3:45 PM
nasdaq.com logoCash Dividend On The Way From Bluerock Residential Growth REIT Series A Cumulative Redeemable Preferred Stock
www.nasdaq.com - March 20 at 3:26 PM
prnewswire.com logoBluerock Residential Growth REIT (BRG) Announces First Quarter Dividend on 8.250% Series A Cumulative ... - PR Newswire (press release)
www.prnewswire.com - March 13 at 12:23 PM
thestreet.com logoRelative Strength Alert For Bluerock Residential Growth REIT
www.thestreet.com - March 8 at 4:45 PM
biz.yahoo.com logoBLUEROCK RESIDENTIAL GROWTH REIT, INC. Files SEC form 8-K, Unregistered Sale of Equity Securities
biz.yahoo.com - February 22 at 4:05 PM
biz.yahoo.com logoBLUEROCK RESIDENTIAL GROWTH REIT, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - February 22 at 12:03 PM
nasdaq.com logoBluerock Residential Growth REIT, Inc. (BRG) Ex-Dividend Date Scheduled for February 22, 2017 - Nasdaq
www.nasdaq.com - February 21 at 12:49 PM
reuters.com logoBRIEF-Bluerock Residential Growth REIT Q4 adjusted FFO per share $0.18
www.reuters.com - February 16 at 9:06 PM
reuters.com logoBRIEF-Bluerock Residential Growth REIT Q4 adjusted FFO per share $0.18
www.reuters.com - February 16 at 9:06 PM
streetinsider.com logoBluerock Residential Growth REIT (BRG) Posts Q4 Pro-Forma FFO of $0.41
www.streetinsider.com - February 16 at 8:50 AM
biz.yahoo.com logoQ4 2016 Bluerock Residential Growth REIT Inc Earnings Release - Before Market Open
us.rd.yahoo.com - February 16 at 8:50 AM
us.rd.yahoo.com logoBluerock Residential Growth REIT Announces Fourth Quarter 2016 Results
us.rd.yahoo.com - February 16 at 8:50 AM
prnewswire.com logoBluerock Residential Growth REIT (BRG) Fourth Quarter 2016 ... - PR Newswire (press release)
www.prnewswire.com - February 9 at 4:16 PM
biz.yahoo.com logoBLUEROCK RESIDENTIAL GROWTH REIT, INC. Files SEC form 8-K, Other Events
biz.yahoo.com - February 8 at 4:13 PM
seekingalpha.com logoWhy Not Buy This 8%-Yielding Preferred REIT Stock For Your Income Portfolio?
seekingalpha.com - February 7 at 5:03 PM
seekingalpha.com logoPromising REIT Stock Yields 9%, Strong NOI Growth, Low AFFO Valuation, Pays Monthly
seekingalpha.com - January 30 at 3:59 PM
nasdaq.com logoBluerock Residential Growth REIT, Inc. (BRG) Ex-Dividend Date ... - Nasdaq
www.nasdaq.com - January 20 at 5:04 PM
us.rd.yahoo.com logoBluerock Residential Growth REIT (BRG) Prices Class A Common Stock Offering
us.rd.yahoo.com - January 12 at 1:23 AM
streetinsider.com logoBluerock Residential Growth REIT (BRG) Prices 4M Common Stock Offering at $13.15/Share - StreetInsider.com
www.streetinsider.com - January 11 at 3:21 PM
us.rd.yahoo.com logo4:02 pm Bluerock Residential Growth commences 4 mln public offering of its Class A common stock
us.rd.yahoo.com - January 10 at 9:38 PM
prnewswire.com logoBluerock Residential Growth REIT (BRG) Announces Public Offering of Class A Common Stock - PR Newswire (press release)
www.prnewswire.com - January 10 at 4:36 PM
prnewswire.com logoBluerock Residential Growth REIT (BRG) Announces First Quarter 2017 Common Stock and Series B Preferred Stock ... - PR Newswire (press release)
www.prnewswire.com - January 9 at 5:08 PM
streetinsider.com logoFBR Capital Downgrades Bluerock Residential Growth REIT (BRG) to Market Perform
www.streetinsider.com - January 4 at 4:58 PM

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Chart

Bluerock Residential Growth REIT (BRG) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

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